Macquarie opens Canberra operations

14 November 2005

Macquarie Financial Services today opened the doors of its new Canberra operations with a Canberra-based adviser team offering a dedicated service to residents of the Australian Capital Territory.

Respected advisers Rod Sutherland and Stephen Johnston will head the Canberra teram, working alongside adviser Lee Scott and adviser assistant Doreen Morris. All four have joined Macquarie from Goldman Sachs JB Were's Canberra office.

Mr Sutherland, Mr Johnston and Mr Scott bring a reputation for excellence with more than 30 years of experience between them, working with sophisticated investors in Canberra managing their financial affairs and helping them to grow their wealth.

All three are well respected for their dedication to client service and their ability to find innovative investment solutions.

"This is an exciting challenge and we are really looking forward to being part of Macquarie's growth in Canberra,'' Mr Sutherland said.

"The strength of the Macquarie brand and the opportunity to form the basis of Macquarie's presence here was very attractive to us."

Head of Macquarie Financial Services, Peter Coleman welcomed the team as a valuable addition to the business.

"We are excited to offer a permanent, personalised service for Canberra residents," Mr Coleman said.

"We waited to open offices in Canberra until we found the right people to ensure Macquarie could meet the needs of Canberra residents and offer the best advice available in the market."

"Rod, Lee and Stephen already have a track record of providing the highest levels of service to their clients."

Mr Coleman said the move into the Canberra market was recognition of the importance of having advisers who understood their clients' needs.

"Understanding your clients' priorities and needs is vital so you can tailor their investment strategy appropriately," Mr Coleman said.

"As long-time Canberra residents, the team are uniquely placed to offer a high-level of individual service."

The team will operate from temporary offices in Canberra while Macquarie looks for a permanent office space that can cater for long-term growth.

For further information contact:

Belinda Lawton
Public Relations
Macquarie Financial Services Group
Tel: (02) 8232 3835
Mobile: 0409 305 000